Since september. Bigdr pepper is todays winner surging on the news of a 18 billion approach from coffee keurig. Yo betty that is a lot of caffeine to start your morning with. We saw ageold in the treasury market. They, it was really about bond market, and that is spooking investors. I want to pull up this chart. The yieldlking about curve flattening, there was a miss read of that, and we know primarily a big reason for that is the shorter end of the yield curve was rising faster than the long curve. Now it seems the 10 and the 30, which were lacquered, is finally playing catchup. Given the movement we saw today, that catch up might move up pretty quickly. We talked about what a wild week it was for traders. Announcing how much issuance theyre going to be having for this year, and also the report is a recipe for higher yields, and also the dollar catching up with this rising yield. You heard analysts with reports saying it is not going to last they arebecause saying, you cant exactly re
Under threat. The Saudi International Petrochemical Company this is Bloomberg Markets middle east. Quite a few adjustments happening in these markets and around the world. The s p 500 dropped by the most in september. Let me show you a increasingly red picture. Msci a asiapacific down 1 and the selloff has accelerated over the last hour. Lf being led by the asx 200. Nikkei coming in weaker. Done 1. 2 . Dollaryen trade holding steady. Overall this is against the backdrop of a slightly stronger u. S. Dollar that is weighing in on some of these key foreignexchange basis. Kiwi the only one able to buck that. Australian sovereign bonds outperforming their u. S. Peers. Investors put in those bullish f bets. It is a story affecting alumina. Aluminium. We did have brent crude under pressure. Down. 06 percent. We are looking ahead to u. S. Inventory. It is not only a story of stronger dollar but u. S. Inventory expanding. Ending a record run of declines. Will this mean for the broader opec mode
To be United States district judge for the federal circuit. The presiding officer the question now occurs on the stoll nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote vote the presiding officer does any senator wish to vote or change his or her vote . On this vote, the ayes are 95. The nays are zero. The nomination is confirmed. Under the previous order the motion to reconsider is considered made and laid upon the table. The president will be immediately notified of the senates action and the senate will resume legislative session. A senator mr. President . The presiding officer the senator from nebraska. Mrs. Fischer i ask unanimous consent that the senate proceed to a period of morning business with senators permitted to speak for up to ten minutes each. The presiding officer without objection. Mrs. Fischer mr. President . This summer parents across the country will be preparing their children for the coming school year. Whether
Chairman. You talked about managing risk, mr. Chairman. Would removing our only airborne brigade, b. C. T. , in the arctic, or the only b. C. T. In the asia pacific, would that do to our credibility . Would that boles you are our credibility in the arctic or asia pacific with regard to the rebalance . And you talk about risk. It seems to me Vladimir Putin is militarizing this part of the world. If were actually removing force, removing forces, our own arctic trained forces, thats a way to increase risk because we know he views weakness as being provocative. Theyre making a move in the arctic. If we start withdrawing troops, the 425 in particular, i think that heightens risk. Would either of you care to comment on that . General dempsey yes. I think it increases risk but some of the decisions, and youre talking about the army in this case, but some of the choices that the Service Troops have to make in terms of resources, you know, the army is tasked going from 490,000 active where they
So why isnt it easier to finance these huge need for infrastructure and that someone unless countries. What is the seem to be a kind of chronic i would not useecular stagnation but the difficulty in getting the firms that actually exist to do their work. And anything and anything else you want to say. Thank you. Thank you for a very inspirational talk. I do think you know, when the music changes and you have a different dance i have different dances that come out of this dance around infrastructure spending. The reserve has shown that we had a long time for the public capitol stock essentially infrastructure has come down as a percent of gdp in low income countries, Something Like 40 percentage points, 20 25 years . So it is not a shortterm phenomenon that Infrastructure Investment i think it has been a longterm phenomena. We have tried to rely for a long time on the private sector, private business to deliver the infrastructure and i think now what we are realizing what is really impo